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Dec 11, 2012
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number three, we have the tax cuts, both the bush tax cuts and the obama tax cuts which have severely reduced the amount of revenue. the tax burden on americans from the federal government today is at an 80-year low. we simply cannot find the government with their revenues and the loss of jobs that we have. >> host: let me go back to you on that. is that true? >> the cbo has done a study. he got rid of all the current tax cuts, including the payroll tax cut, all parts of the biggest tax cut, not just the top level, and you have sequestration, so you actually have spending cuts, you could reduce that federal budget deficit to about 250- $300 billion in very short order. so this is a combination. we have had spending increases. let's not kid ourselves. we're coming of the worst. were spinning is dropping precipitously, and we're still running trillion dollar deficit. it's not all about the worst. it's about taxes and other spending. in the future let's not forget it will be in the social security and medicare and medicaid and all of which go into making ---financing around the end of th
number three, we have the tax cuts, both the bush tax cuts and the obama tax cuts which have severely reduced the amount of revenue. the tax burden on americans from the federal government today is at an 80-year low. we simply cannot find the government with their revenues and the loss of jobs that we have. >> host: let me go back to you on that. is that true? >> the cbo has done a study. he got rid of all the current tax cuts, including the payroll tax cut, all parts of the biggest...
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Dec 10, 2012
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even the tax revenue part. i'm not sure i have seen enough details to settle on whether i would support it. >>neil: on the revenue side, congressman, it has to be a rate hike for you, not this --. >>guest: if my former life i was a tax attorney when i made money. so, rates are pop, -- are important, and there are other ways to raise revenues. rates for me are not the magic goal but who pays them. >>neil: and the spending cuts are delineating --. >>guest: that would be a mistake. >>neil: when the congressional black cause says don't touch entitlements does it party you your party is not in sync with what you offered? >>guest: i wish they were as monolithic as you imply. i don't want to cut entitlements but medicare and medicaid neat to be tweaked. to keep them for the future. the question is, what do you mean? someone's tweak is someone else's devastation much the details matter. a lot. like spending cut, i am for spending cuts but which ones. some may be for tax increases, but can ones? >>neil: you two should t
even the tax revenue part. i'm not sure i have seen enough details to settle on whether i would support it. >>neil: on the revenue side, congressman, it has to be a rate hike for you, not this --. >>guest: if my former life i was a tax attorney when i made money. so, rates are pop, -- are important, and there are other ways to raise revenues. rates for me are not the magic goal but who pays them. >>neil: and the spending cuts are delineating --. >>guest: that would be a...
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Dec 10, 2012
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let's talk taxes. not tax rates. deductions. one third of americans itemize their deductions when they file their income taxes. in fact, the higher your income, the more likely it is you itemize. according to cnn money, an analysis of irs data, a little more than half of middle income tax filers itemize deductions. 97% of tax filers who make more than a quarter of a million dollars a year itemize. they itemize on average $91,000 in tax deductions. lawmakers are considering some sort of limit to the deductions as part of a deal to avert the fiscal cliff. now, if congress were to enact limits to deductions of, say, $50,000, the rich will pay more regardless of their tax rates. how much more? well, our analysis shows on average $14,000 more. that's it for me from the cnn money newsroom in new york. i'm ali velshi. same time tomorrow. r advanced a. in fact, in a recent survey, 95% of people who tried it agreed that it relieved their headache fast. visit fastreliefchallenge.com today for a special trial offer. visit fastreliefchallen
let's talk taxes. not tax rates. deductions. one third of americans itemize their deductions when they file their income taxes. in fact, the higher your income, the more likely it is you itemize. according to cnn money, an analysis of irs data, a little more than half of middle income tax filers itemize deductions. 97% of tax filers who make more than a quarter of a million dollars a year itemize. they itemize on average $91,000 in tax deductions. lawmakers are considering some sort of limit to...
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Dec 10, 2012
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a second pro-growth tax reform. on the supercommittee where i served, turned out to be not too super, we talked a lot about that. we actually had a lot of bipartisan agreement on that fact as we got into the details, it became harder. there are reasons it wasn't successful in the context which i think of nothing to do with the issue of tax reform. by to think out of the process we developed an understanding among some of us in the senate and house as to how we could get there, and certainly the two committees, ways and means committee, max baucus and dave camp, when you hear them talk about tax reform he will hear some very similar things. so i would hope that in this process we don't squander this opportunity to deal with the important issue of actually reforming unsustainable important but drivers of our long-term debt which is the entitlement side, but also make sure we do deal with the critical issue of making sure that we have pro-growth tax reform as part of the package. and again, i believe that there is enou
a second pro-growth tax reform. on the supercommittee where i served, turned out to be not too super, we talked a lot about that. we actually had a lot of bipartisan agreement on that fact as we got into the details, it became harder. there are reasons it wasn't successful in the context which i think of nothing to do with the issue of tax reform. by to think out of the process we developed an understanding among some of us in the senate and house as to how we could get there, and certainly the...
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Dec 10, 2012
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let the bush tax breaks expire and go back to the clinton taxes. it will hurt people a little bit, but it will hurt the wealthy more. i believe that jobs will come back if we do that. host: what about automatic spending cuts? it is not just the defense department that gets cut. non-defense, education, health care, across the board getting cut? caller: it would probably only be cut for a short time. host: so, a sacrifice by letting tax rates go up? caller: right, they will start working together if they wind up going off the cliff. host: what do you think about addressing medicare spending? caller: the biggest thing the government has to do is all of the waste in everything. defense, medicare, everything. just go after it. host: is that enough to get through our deficit and debt? caller: and raise the taxes. host: all right. mike come massachusetts, note -- mike, massachusetts. go ahead. caller: i am x military. the only reason i say that is that we have spent $2 trillion on these wars over the last 10 years, which is a whole lot of money and they s
let the bush tax breaks expire and go back to the clinton taxes. it will hurt people a little bit, but it will hurt the wealthy more. i believe that jobs will come back if we do that. host: what about automatic spending cuts? it is not just the defense department that gets cut. non-defense, education, health care, across the board getting cut? caller: it would probably only be cut for a short time. host: so, a sacrifice by letting tax rates go up? caller: right, they will start working together...
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Dec 10, 2012
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taxing the middle class, there's nobody standing up and saying, yes, taxes should go up on the middle class. let's put that in one category. the next category, which "the wall street journal" points out, is the spending issue. what gets cut? if we have a spending deficit of $1.3 trillions. we're over on our budget $1.3 trillion. what aggressively will democrats bring to the table for cuts realistically once the tax issue is passed? >> well, i can think of something that should have been done a while ago, which is that there should be a change to medicare in any we can actually negotiate for drug prices. after all, we do it for medicaid. why can't we do it for medicare? that would be a big savings to the medicare program. >> big savings to that program, not a ton of money, though, to knock down your $1.3 trillion debt. margaret? >> helpful you're hearing democrats talk about are there ways of adjusting these entitlement programs? you're talking about medicare eligibility, negotiating with drug companies. that's honestly going to come up either now or later. either in the debt ceiling n
taxing the middle class, there's nobody standing up and saying, yes, taxes should go up on the middle class. let's put that in one category. the next category, which "the wall street journal" points out, is the spending issue. what gets cut? if we have a spending deficit of $1.3 trillions. we're over on our budget $1.3 trillion. what aggressively will democrats bring to the table for cuts realistically once the tax issue is passed? >> well, i can think of something that should...
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Dec 10, 2012
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republicans and democrats have been deadlocked on how to stop tax hikes and spending cuts that are set to kick in at the beginning of the year. >>> dallas cowboys defensive lineman josh brent has been released from jail after posting half a million dollars bail. he is being charged in the death of his teammate and close friend jerry brown. police say he was drunk awhen h wrecked the car that killed brown. >>> morsi rescinded much of the de krch decree. a disputed draft of the constitution for the country. >>> mandy drew is at the new york stock exchange. good morning to you, mandy. >> good morning, natalie. lots of headwind from overseas, political shakeup in italy and sharply slowing down chinese export growth, keeping u.s. traders on edge not to mention the vagaries of the fiscal cliff. markets move with progress or lack of progress as the case may be. the congressional budget office says we could be back in recession the first half of next year if a deal is not reached. those are things they're watching. >> mandy drury at the new york stock exchange, thanks. >>> someone sign this ki
republicans and democrats have been deadlocked on how to stop tax hikes and spending cuts that are set to kick in at the beginning of the year. >>> dallas cowboys defensive lineman josh brent has been released from jail after posting half a million dollars bail. he is being charged in the death of his teammate and close friend jerry brown. police say he was drunk awhen h wrecked the car that killed brown. >>> morsi rescinded much of the de krch decree. a disputed draft of the...
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Dec 10, 2012
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not a tax problem. if you just give in and pay the higher tax rates or vote for higher tax rates, doesn't mean to say you're going to do anything for the deficit. a bad policy. but looked at strictly economically, forget the politics here, forget fiscal cliff, forget negotiations. you just look economically, raise taxes, you don't get all the money you think you are going to bring in. >> brian: real quick, kevin mccarthy, one of the young guns, was on "metropolitan the press" and said, good news. revenues are up 10%. that's because we seem to be turning around economically. here is the bad news, spending is up 16%. why? he's trying to explain to a very reluctant david gregory, why should we consider raising tax when is clearly the revenue is up, but the spending is up higher? >> the president wants to raise tax rates on people making more than 250,000. he thinks that will bring in $82 billion in one year. the experience of california and other countries is that you will not bring in $82 billion. you bri
not a tax problem. if you just give in and pay the higher tax rates or vote for higher tax rates, doesn't mean to say you're going to do anything for the deficit. a bad policy. but looked at strictly economically, forget the politics here, forget fiscal cliff, forget negotiations. you just look economically, raise taxes, you don't get all the money you think you are going to bring in. >> brian: real quick, kevin mccarthy, one of the young guns, was on "metropolitan the press"...
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Dec 10, 2012
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let's cave on income tax rates. maybe not go all the way up to where the white house and senate democrats want. but let's give some on this so we can talk about entitlement reform, reforming medicare, reforming social security. this came on the heels of some developments on friday. remember house speaker john boehner came out and said i have no progress. this isn't a progress report. i have no progress to report. but then you also saw maybe the white house signalling that they're negotiable on just how much the rates go up because senator joe biden indicated that as well. >> and maybe with that meeting between the speaker and president, maybe with that statement from senator corker, maybe some movement this weekend which would be a good sign with just over three weeks left to go. brianna keilar in wash, what, thanks very much. >>> it is four minutes past the hour. authorities in mexico found the wreckage of a small plane they believe was warying jenny rivera and six others. rivera's brother says the brother was told
let's cave on income tax rates. maybe not go all the way up to where the white house and senate democrats want. but let's give some on this so we can talk about entitlement reform, reforming medicare, reforming social security. this came on the heels of some developments on friday. remember house speaker john boehner came out and said i have no progress. this isn't a progress report. i have no progress to report. but then you also saw maybe the white house signalling that they're negotiable on...
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Dec 10, 2012
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if you're out of work, you cannot pay taxes. guest: he is exactly right -- no one is talking about a fiscal cliff that will solve the problem. there is no grand bargain being discussed except in the most general outline terms. there is enough to be -- nothing close to being politically acceptable. we're only talking of something of that will allow people to get through this. in the short term, we need to have fiscal policy that may get the deficit higher than what it would be. ben bernanke was saying the deficit could be cut too far and too fast at the same time. this has to be the time where we don't go into an austerity program. we are not quite there. if businesses are spending and consumers are spending and trade was helping, i would say that is the right time to be doing this. the deficit reduction has to be done in context. host: this is from "the wall street journal"last week -- guest: they are not spending because they are angry at washington but they don't have the demand for their goods and services. that is the way it
if you're out of work, you cannot pay taxes. guest: he is exactly right -- no one is talking about a fiscal cliff that will solve the problem. there is no grand bargain being discussed except in the most general outline terms. there is enough to be -- nothing close to being politically acceptable. we're only talking of something of that will allow people to get through this. in the short term, we need to have fiscal policy that may get the deficit higher than what it would be. ben bernanke was...
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Dec 10, 2012
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a tax cut. that is the answer he gave. give them a big giveaway and the reality is -- the reality is that the prime minister couldn't get away from, the deficit going up, not down on his watch. we remember the posters with his air brushed face saying i will cut the deficit not the n.h.s. the facts speak for themselves. he has cut the n.h.s. and he's not cutting the deficit. he is 100% wrong. >> we're increasing the n.h.s. and we've cut the deficit. business are starting up at a higher rate than any time in our history, this economy is on the right track. unlike the party opposite we're on the side of people who work hard and do the right thing. what is his answer? more borrowing, more spending, more of the things that got us in this mess in the first place. >> mr. speaker, three years ago the n.h.s. spent 500 million pounds on tamiflu without seeing the data on effectiveness or safety. it is normal for the drugs industry to have almost complete control over the evidence basede made. will the pri
a tax cut. that is the answer he gave. give them a big giveaway and the reality is -- the reality is that the prime minister couldn't get away from, the deficit going up, not down on his watch. we remember the posters with his air brushed face saying i will cut the deficit not the n.h.s. the facts speak for themselves. he has cut the n.h.s. and he's not cutting the deficit. he is 100% wrong. >> we're increasing the n.h.s. and we've cut the deficit. business are starting up at a higher...
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show no signs of backing off from supporting the president' hard line stance on raising the income tax rate on the rich. >> we democrats realize there has to be two sides to this bargain, but we're not going to go back to what bewy did in 2011. we put both revenues and cuts on the table. >> reporter: but despite the impasse in washington, the director sees promising signs that the economy may be improving. for the fiscal crisis she recommended a balanced solution, spending cuts combined with an increase in tax revenue. el geth corridan, kutv charles. >>> quarter of an inch assembly leaders say there is no plan to end a controversial practice of changing voteds after a bill passes or fails. half of those sworn into the assembly are new to the job and the associated press reports that during the past session assembly members changed their votes more than 5,000 times. the practice does not affect the outcome of a bill, but government watchdog groups say it allows members to hide or distort their records to please lobbyists. >>> the u.s. postal service today began expanding its hours of op
show no signs of backing off from supporting the president' hard line stance on raising the income tax rate on the rich. >> we democrats realize there has to be two sides to this bargain, but we're not going to go back to what bewy did in 2011. we put both revenues and cuts on the table. >> reporter: but despite the impasse in washington, the director sees promising signs that the economy may be improving. for the fiscal crisis she recommended a balanced solution, spending cuts...
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Dec 9, 2012
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>> 2%. >> raise taxes. >> 2%? >> raise tax revenue by capping deductions at 2%. >> at 2% of income? >> no, no, no. that will cause a revolution. [ laughter ] >> a bad idea. >> he said it would raise 400, $500 billion over a decades assuming the deductions were still allowed. that is more than half of the g.o.p. revenue goal. >> what you want to do is put a limit on the offsets you can have applied to your income if you're in the upper ranges of the income spectrum, okay? the top 2% is what he is talking about. there is something to that. i think whatever the program is, it seems to me we must do something about it. because otherwise if we have -- the debt ceiling is the critical issue. because if we get up there and we will get up there sometime between now and february, you could have another great collapse in terms of the confidence notice american dollar that. would be a huge, huge issue for the united states. so we must be in a position where it is not that we have authorized the spending of the money, we just don't have the money. we're running a deficit of $25 billion every we
>> 2%. >> raise taxes. >> 2%? >> raise tax revenue by capping deductions at 2%. >> at 2% of income? >> no, no, no. that will cause a revolution. [ laughter ] >> a bad idea. >> he said it would raise 400, $500 billion over a decades assuming the deductions were still allowed. that is more than half of the g.o.p. revenue goal. >> what you want to do is put a limit on the offsets you can have applied to your income if you're in the upper ranges...
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problem by government withdrawing by printing the role of government by getting government to spend less tax less and regulate less that is what will get chronic back in order and that's what will. cause john kerry to grow again a little here. so. failing companies being supported by government is only a very short term solution in the long term it is a disaster. hundreds of thousands of americans say they want to break away from washington residents across the land of sun internet petition saying they don't want to be part of the united states anymore but important story. tonight. for two minor tears after a former colony won the right to determine its own destiny. the task of perfecting the art here you know moves forward. four weeks following barack obama's reelection nearly one million americans have moved forward by campaigning to break apart all fifty states have filed online petitions with the white house requesting to peacefully secede from the so-called perfecting union a movement that's garnered more than thirty thousand signatures in north carolina where many like michael toggled.
problem by government withdrawing by printing the role of government by getting government to spend less tax less and regulate less that is what will get chronic back in order and that's what will. cause john kerry to grow again a little here. so. failing companies being supported by government is only a very short term solution in the long term it is a disaster. hundreds of thousands of americans say they want to break away from washington residents across the land of sun internet petition...
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Dec 9, 2012
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there's more room to let the taxes go up if he can get a bigger return on cutting medicare. that's what conservatives want, they come out publicly on "morning joe" saying that we should do that to get a bigger deal, that's part of what's going into the negotiations. the question is whether the president is willing to give up on that. lot of liberals don't want to give too much in the way of medicare cuts. >> one of speaker boehner's guiding principles, being for republicans and conservatives at large raising taxes is not good for the economy. how does speaker boehner go back to his caucus and say i got a good deal even though we did raise taxes on the top earners? >> it come backs to saying what we've been able to do is deal with the spending problem in a dramatic way, deal with entitlement cuts in a dramatic way and lay a framework for broader entitlement reform and even more tax reform potentially next year as doing this deal, as opposed to sort of setting back and resisting the president and letting him force through a tax increase on his own which he appears to be able t
there's more room to let the taxes go up if he can get a bigger return on cutting medicare. that's what conservatives want, they come out publicly on "morning joe" saying that we should do that to get a bigger deal, that's part of what's going into the negotiations. the question is whether the president is willing to give up on that. lot of liberals don't want to give too much in the way of medicare cuts. >> one of speaker boehner's guiding principles, being for republicans and...
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this rain extends into the midwest and down toward taxes. as it gets into the colder air up around minnesota, wisconsin, and back toward the twin cities, it is creating blizzard like conditions. that cold air is not going to come here and that form. we are going to cool down by the end of the week. the chilly conditions don't mean snow for us. today's 51 degrees, rain, with areas of fog. at rain is with us through the evening. mainly cloudy with a little rain tonight and fought by the morning. tomorrow, 67 degrees. a couple showers leading to thunderstorms in the afternoon. we will have your five-day first morning forecast coming up in just a few moments. >> first, turning to some of the other top headlines. bible is working around-the- clock in ireland where thousands of british supporters are taking to the streets. 2000 riders gathered calling for the british flags returned to the roof of city hall. last week lawmakers voted to remove that flag. at least 20 police officers were injured, which is the largest demonstration in years. >>> the
this rain extends into the midwest and down toward taxes. as it gets into the colder air up around minnesota, wisconsin, and back toward the twin cities, it is creating blizzard like conditions. that cold air is not going to come here and that form. we are going to cool down by the end of the week. the chilly conditions don't mean snow for us. today's 51 degrees, rain, with areas of fog. at rain is with us through the evening. mainly cloudy with a little rain tonight and fought by the morning....
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Dec 9, 2012
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the goal should be to justify new tax payers, not new taxes. regulations are needed, but they cost money to follow. the more expensive regulation is, the less money a business has to give raises or hire new people. we must not let innovation go to waste. we have the potential for all kinds of middle-class jobs from the fields and platforms where we draw to the manufacturing plants that will return to the united states with lower-cost of energy. we need americans to encourage these opportunities, not continue to block them. by making the future value of a dollar more predictable. we must put the cost of health insurance under control. you should be able to get a health control -- a health-care plan with the same tax benefit if you buy it for yourself or if an employer buys it for you. host: the analysis of david hocking. our question is, what do you think the president impose a number one priority should be a dangerous account term. this is from our twitter page. next is austin from illinois on the republican line. caller: i think it marker rubi
the goal should be to justify new tax payers, not new taxes. regulations are needed, but they cost money to follow. the more expensive regulation is, the less money a business has to give raises or hire new people. we must not let innovation go to waste. we have the potential for all kinds of middle-class jobs from the fields and platforms where we draw to the manufacturing plants that will return to the united states with lower-cost of energy. we need americans to encourage these...
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prime minister for three separate terms he's currently caught up in a number of scandals including tax fraud convictions which he's appealing and accusations of paying for sex with an underage prostitute something he denies. but as well in president who are chavez has announced he's suffering from cancer once again but he says tests showed return of some malignant cells in the same area where tumors had been previously removed he said to return to cuba where he's already received cancer treatment to undergo surgery in the coming days but news comes two months after travers was elected as president in a tight vote. beijing has warned india against pursuing all exploration in the disputed that resource rich south china sea it comes in reaction to this week's statements by india's navy chief who announced his country could go as far as sending warships to the area to protect its economic interests europe is going off investigating the claims. as china and india rise economically their military muscles are growing as well both need energy to keep that kind of growth going and that may be p
prime minister for three separate terms he's currently caught up in a number of scandals including tax fraud convictions which he's appealing and accusations of paying for sex with an underage prostitute something he denies. but as well in president who are chavez has announced he's suffering from cancer once again but he says tests showed return of some malignant cells in the same area where tumors had been previously removed he said to return to cuba where he's already received cancer...
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if his prime minister for three separate terms is currently caught up in a number of scandals using tax fraud convictions which he's appealing and accusations of paying for sex with an underage prostitute something he denies. as well in president chavez has announced he's suffering from cancer once again the distance tests show the return. somewhat movement cells in the same area where tumors had been previously removed he said to return to cuba where he's already received the cancer treatment to undergo surgery in the coming days and news comes two months after travers was reelected as president in a tight vote. for u.s. drone attack on what's believed to be a militant hideout has left at least three people dead in pakistan four missiles struck a residential compound in the north waziristan province early on sunday despite demands by pakistan for an end to attacks by unmanned a croft the country's restive tribal belt is often targeted by u.s. drones with washington claiming it and targets insurgents. the americans in their hundreds of thousands across the states have gone online to say
if his prime minister for three separate terms is currently caught up in a number of scandals using tax fraud convictions which he's appealing and accusations of paying for sex with an underage prostitute something he denies. as well in president chavez has announced he's suffering from cancer once again the distance tests show the return. somewhat movement cells in the same area where tumors had been previously removed he said to return to cuba where he's already received the cancer treatment...
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blinding in britain morris some citizens are losing more than two thirds of their monthly income in taxes while davos a much needed benefits and return. value once a slice of the look at a boiling gas reserves over the south china sea but was beijing being their region's powerhouse we explore if there's enough room for the two to grow. while the true science technology innovation all the moves developments from around russia we've got the future covered. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. giant corporations are on the day.
blinding in britain morris some citizens are losing more than two thirds of their monthly income in taxes while davos a much needed benefits and return. value once a slice of the look at a boiling gas reserves over the south china sea but was beijing being their region's powerhouse we explore if there's enough room for the two to grow. while the true science technology innovation all the moves developments from around russia we've got the future covered. more news today violence is once again...
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italy's prime minister for three separate terms and he's currently caught up number of scandals including tax fraud convictions which he's appealing and accusations of paying for sex with an underage prostitute something he denies. and as well and president hugo chavez has announced he is suffering from cancer once again the leader says tests showed a return of some malignant cells in the same area were tumors have been previously removed he will return to cuba are worried he's already received cancer treatment to undergo surgery in the coming days the news comes two months after her child as was reelected asked president in a tie vote. he was authorities can obtain and study data european storen live overreaching you are strict privacy protection laws and that's according to a report issued by the university of amsterdam saying washington's being shielded by the terror of patriot act one of the authors of the report acts alarmed bach believes international privacy regulations should be stepped up. normally in an offline world you would have cooperation between governments that would respect
italy's prime minister for three separate terms and he's currently caught up number of scandals including tax fraud convictions which he's appealing and accusations of paying for sex with an underage prostitute something he denies. and as well and president hugo chavez has announced he is suffering from cancer once again the leader says tests showed a return of some malignant cells in the same area were tumors have been previously removed he will return to cuba are worried he's already received...
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prime minister for three separate terms he's currently caught up in a number of scandals including tax fraud convictions which he's appealing and accusations of paying for sex with an underage prostitute something he denies. venezuelan president hugo chavez has announced he's suffering from cancer once again the leader says tests are show their return of sound the malignant cells in the same area were tumors have been previously removed he will return to cuba are worth he's already received cancer treatment to undergo surgery in the coming days the news comes two months after this was reelected as president in a tight vote. americans in their hundreds of thousands in all fifty states have gone online to say they want their state in the pan and from washington parties wary of organized try to find out why more and more u.s. nationals are eager to rip the stars and stripes apart. for that. or to moderate their is a former colony won the right to kill its oldest of the. perfected order to move forward. four weeks following barack obama's reelection nearly one million americans have moved
prime minister for three separate terms he's currently caught up in a number of scandals including tax fraud convictions which he's appealing and accusations of paying for sex with an underage prostitute something he denies. venezuelan president hugo chavez has announced he's suffering from cancer once again the leader says tests are show their return of sound the malignant cells in the same area were tumors have been previously removed he will return to cuba are worth he's already received...
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prime minister for three separate terms he's currently caught up in a number of scandals including tax fraud convicted convictions which he's appealing and accusations of paying for sex with an underage prostitute something he denies. nearly two hundred countries have agreed to stand the kyoto protocol treaty that limits the greenhouse gas output of some nations it hopes of curbing global warming the legally binding plan was approved by un delegates during climate talks in doha the summit established for the first time that rich nations should move towards reimbursing poor nations for losses due to climate change. and we want president has announced he's suffering from cancer again the leader says tests showed a return of some malignant cells in the same area were tumors have been previously removed he will return to cuba were he's already received cancer treatment to undergo surgery in the coming days the news comes two months after a child this was reelected as president in a tight vote. now russia says it's drawing up a blacklist of u.s. officials it considers guilty of human rights
prime minister for three separate terms he's currently caught up in a number of scandals including tax fraud convicted convictions which he's appealing and accusations of paying for sex with an underage prostitute something he denies. nearly two hundred countries have agreed to stand the kyoto protocol treaty that limits the greenhouse gas output of some nations it hopes of curbing global warming the legally binding plan was approved by un delegates during climate talks in doha the summit...
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Dec 9, 2012
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in october, a milan court sentenced berlusconi to four years in prison for tax evasion. he faces trial on charges that he hired an underage prostitute and then tried to use his political connections to get her out of jail when she was accused of theft. >> still ahead. three stockton women demanding an apology. after finding an offensive remark on their dinner check. >> and the creepy crawly discovery in books at a library in washington state. >> three friends out to eat at the cameo club casino in stockton were shocked when they got their bill. and saw the word "fat girls". written on the recipt. immediately the women brought the check up to a manager. the manager tried to remedy the situation by offering them 50 percent off. but they say that isn't enough. >> i still cannot believe it, it was just over and over again. that is something that we cannot change. >> the man responsible for the words winding up on the check. was already off work by the time the womennow he is suspended while the casino reviews the incident. >> conventional wisdom says that bed bugs are found
in october, a milan court sentenced berlusconi to four years in prison for tax evasion. he faces trial on charges that he hired an underage prostitute and then tried to use his political connections to get her out of jail when she was accused of theft. >> still ahead. three stockton women demanding an apology. after finding an offensive remark on their dinner check. >> and the creepy crawly discovery in books at a library in washington state. >> three friends out to eat at the...
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they also pay a high rate of tax but nowhere near as high as the u.k. we've got the.
they also pay a high rate of tax but nowhere near as high as the u.k. we've got the.
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for its starbucks activists threatened to close the company's outlets over the miserable amount of taxes the coffee giant pays in the u.k. despite huge profits more videos and pictures from the day of action on our twitter page. britain and the u.s. have claimed syria's president might be readying for a chemical attack washington says it has intelligence indicating assad could resort to chemical weapons in the fight against the rebels something that would trigger a foreign military intervention the rhetoric is increasingly looking like of the run up to the iraq war ten years ago r.t. has spoken to former u.s. state department chief of staff lawrence wilkerson who was behind of the report laying out the case for the iraqi intervention we asked him what he thinks is next for syria and how justifiable the fears are about its chemical arsenal i would be highly skeptical of any intelligence rinder by the one hundred forty plus billion dollar u.s. intelligence community that is to weapons of mass destruction in the possession of another country period i'm not violating any great confidence gre
for its starbucks activists threatened to close the company's outlets over the miserable amount of taxes the coffee giant pays in the u.k. despite huge profits more videos and pictures from the day of action on our twitter page. britain and the u.s. have claimed syria's president might be readying for a chemical attack washington says it has intelligence indicating assad could resort to chemical weapons in the fight against the rebels something that would trigger a foreign military intervention...
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in disgrace last year with italy on the brink of financial disaster and has since been convicted of tax fraud. the president of the philippines has declared a state of emergency has a deadly typhoon bopha is making its way back towards the country the storm claimed the lives of more than five hundred people earlier this week with tens of thousands left homeless saudis expect more heavy rains floods and landslides in the northeast of the country and coming up a look at colombia's four decades long civil war after a short break. so . live. i've. lived live. live . download the official the application itself choose your language stream quality and enjoy your favorites from alzheimer's now t.v. is not required to watch artsy all you need is your mobile device to watch r.t. any time. as. most of the mines in segovia have passed into the hands of citizens who established small companies and have exploited them for many years now. at the mine one hundred thirty workers bring the or to the surface like ants carrying it on their backs from a depth of three hundred metres. we take the or out by
in disgrace last year with italy on the brink of financial disaster and has since been convicted of tax fraud. the president of the philippines has declared a state of emergency has a deadly typhoon bopha is making its way back towards the country the storm claimed the lives of more than five hundred people earlier this week with tens of thousands left homeless saudis expect more heavy rains floods and landslides in the northeast of the country and coming up a look at colombia's four decades...
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breaks like property tax to studios but actually giving them money to bring their productions to your state so michigan introduced this scheme and within two months twenty four movies had signed up to film in michigan from to the entire year before the productions estimated that they would spend one hundred ninety five million dollars filming there and in return they would be refunded about seventy million in cash yeah i mean this is important because before enron before world com the ford to liberalize debt obligation before the shadow banking system before goldman's. x. slush fund for jamie dime to became ruler of the underworld of financial terrorism there was something called only one accounting where very simply there are no net profits but net profits are what are promised like art buchwald from coming to america the movie made hundreds of millions but he never got a nickel because there was never any net profits that was the hollywood accounting that was made famous by the schmucks and the charlatans and harley and hollywood now it's a global accounting phenomenon george osborn
breaks like property tax to studios but actually giving them money to bring their productions to your state so michigan introduced this scheme and within two months twenty four movies had signed up to film in michigan from to the entire year before the productions estimated that they would spend one hundred ninety five million dollars filming there and in return they would be refunded about seventy million in cash yeah i mean this is important because before enron before world com the ford to...
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Dec 8, 2012
12/12
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the problem is do you want to pay more in taxes or will the rich pay more in taxes? the other guys should pay more in taxes. the top 1% in this country pay 40% of the taxes. that's not fair. i wish the president would tell me what is fair? the top 10% pay 70% of the taxes. is that fair? do they want to pay 100% of the tacks? what is fair? right now the president is doing what democrats do. give me the tax increase first and then we will talk about the spending cuts. if they want to do a fair plan to benefit the american people, let's do something crazy. let's cut the spending before we talk about additional revenue. >> i think a lot of people look at this as an opportunity for the president to do something bill clinton did when he reformed welfare during his presidency which is to go after one of the democrat's say crad cows for the -- sacred cows for the sake of the country and make an impact for his legacy in the long-term. is there an opportunity to do something like that when it comes to cutting spending on our entitlement programs and to make a difference for th
the problem is do you want to pay more in taxes or will the rich pay more in taxes? the other guys should pay more in taxes. the top 1% in this country pay 40% of the taxes. that's not fair. i wish the president would tell me what is fair? the top 10% pay 70% of the taxes. is that fair? do they want to pay 100% of the tacks? what is fair? right now the president is doing what democrats do. give me the tax increase first and then we will talk about the spending cuts. if they want to do a fair...
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Dec 8, 2012
12/12
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this is raising the tax rate on the wealthy. but eliminating loopholes, are you with the speaker of the house? >> unfortunately, the presidency has already taken us over the cliff. businesses have already paired back their plans and they're hiring for next year anticipating what's going to happen. so we can fix this christmas eve, if we want. but we've already hurt the economy and hurt -- >> are you with boehner? >> i'm not with boehner. this guy doesn't need more money. >> we doubled spending. >> well, we have already offered to extend current tax rates. that's what we should have done six months ago until we could come to some agreement, some compromise on tax reform. >> when you say compromise, where are you ready to compromise, as far as taxes are concerned. >> well, how we go about tax reform, there's a lot of room to work together. >> lower the rats. i'm not sure where the democrats are. th they have not offered the plan. >> they keep the bush tax rates. the top two percent let them go from 35% to 39.6%. >> it's incredible
this is raising the tax rate on the wealthy. but eliminating loopholes, are you with the speaker of the house? >> unfortunately, the presidency has already taken us over the cliff. businesses have already paired back their plans and they're hiring for next year anticipating what's going to happen. so we can fix this christmas eve, if we want. but we've already hurt the economy and hurt -- >> are you with boehner? >> i'm not with boehner. this guy doesn't need more money....
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the activists threaten to shut down the company shops over the negligible corporation taxes it's paid in britain despite huge revenues more videos and pictures from the day of action on the page right now. britain has joined the u.s. in claims they have intelligence suggesting syria might be preparing to use chemical weapons western countries have said the use of such weapons would trigger foreign military intervention the situation is increasingly drawing parallels with the run up to the invasion of iraq ten years ago he has spoken to former u.s. state department chief of staff lawrence wilkerson who was behind report laying out the case for the iraq war and i asked him what he thinks is next for syria and help justifiable to fiza about its chemical. i would be highly skeptical of any intelligence rendered by the one hundred forty plus billion dollar us intelligence community as to weapons of mass destruction in the possession of another country period i'm not violating any great confidence or any great prohibition in the intelligence community to tell you that we've known for years
the activists threaten to shut down the company shops over the negligible corporation taxes it's paid in britain despite huge revenues more videos and pictures from the day of action on the page right now. britain has joined the u.s. in claims they have intelligence suggesting syria might be preparing to use chemical weapons western countries have said the use of such weapons would trigger foreign military intervention the situation is increasingly drawing parallels with the run up to the...
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Dec 8, 2012
12/12
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and middle class taxes will go up. six out of 10 people say if a deal is reached, middle class taxes will go up anyhow and they don't expect to see spending cuts. there is a lot of skepticism, and even if there is a tax hike of any kind in this people don't think it will reduce the deficit. they think it will be spent on new programs. >> the consumer confidence survey out of michigan just came out. but you have your own consumer confidence. talk to us about that. >> we measure consumer confidence every day. right now the confidence levels are about as high as they have been in the last four years. a little higher than we saw earlier in the year this. is a big reason president obama was re-elected. and on our daily tracking, the highest single day of consumer confidence in the last four years was two days before the election. >> interesting. scott rasmusson, thanks very much. >> thanks, scott. >>> that will do it for us. rick and arthel will take over at the top of the hour. >> we will see you here at 4:00 p.m. eastern.
and middle class taxes will go up. six out of 10 people say if a deal is reached, middle class taxes will go up anyhow and they don't expect to see spending cuts. there is a lot of skepticism, and even if there is a tax hike of any kind in this people don't think it will reduce the deficit. they think it will be spent on new programs. >> the consumer confidence survey out of michigan just came out. but you have your own consumer confidence. talk to us about that. >> we measure...
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disgrace last year were literally on the brink of financial disaster and has since been convicted of tax fraud. two thousand pro british protesters have rallied outside belfast city hall in northern ireland over their local councils vote to remove the u.k. flag from the building police officer has been injured in the clashes follows trouble when the vote was first announced last monday and also on friday when eight police officers were injured and at least thirteen people after riots politicians have appealed for the protests to stop. this weekend the world's best figure skaters are testing the olympic ice in russia's resort city of sochi the countdown is in full swing with just over a year left until the winter games. over reports now from the next olympic city. there is just over a year until the actual winter olympics get underway but still if this task competitions give us a chance that the construction is almost over and that the city will soon transform into the world capital of the winter games this weekend is all about pushing the new venue through their paces of course all eyes
disgrace last year were literally on the brink of financial disaster and has since been convicted of tax fraud. two thousand pro british protesters have rallied outside belfast city hall in northern ireland over their local councils vote to remove the u.k. flag from the building police officer has been injured in the clashes follows trouble when the vote was first announced last monday and also on friday when eight police officers were injured and at least thirteen people after riots...
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Dec 8, 2012
12/12
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one thing that will happen without an agreement, all the bush tax rates go away, so everyone's taxes are going to go up. you'll see that emphasized over the next couple weeks. you'll hear the white house talk about what a bad situation there will be after january 1 if this deal is not cut. >> david jackson, "usa today," shira toeplitz, "roll call." we appreciate your time so much we'll talk to you later in the hour as well. >> thank you. >>> the last remaining house race of the 2012 election cycle is pabt to come to a close. in louisiana, republican congressman charles boustany jr., jeff landry facing off in a runoff election. they were forced to run in the same district in bayou because of the state's shrinking congressional delegation. both conservative republicans, landry a tea party freshman. we'll keep you abreast of what happens. >>> meanwhile, high drama about to surround the high court as the justices agree to take on the high-stakes issue of same-sex marriage. ♪ >>> the man with that most-watched youtube video of all time due to perform for the president in a few hours. bu
one thing that will happen without an agreement, all the bush tax rates go away, so everyone's taxes are going to go up. you'll see that emphasized over the next couple weeks. you'll hear the white house talk about what a bad situation there will be after january 1 if this deal is not cut. >> david jackson, "usa today," shira toeplitz, "roll call." we appreciate your time so much we'll talk to you later in the hour as well. >> thank you. >>> the last...
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decides whether to make drastic spending cuts and raise taxes to reduce the debt or come up with other solutions it's feared an abrupt attempt to shrink the debt could send the economy sinking straight into recession that is resident as in new york to find out what people there think. america is about to go over the fiscal cliff are you worried what should we do about it this week let's talk about that do you know the fiscal cliff. do you think a lot of americans do so then why is the media talking about it incessantly well i i guess i'm not as informed as i should be but i just kind of figure it might work out do you think most people feel that way you know you think most people are worried i think they are and i think that if i ignored it all go away do you think calling it something like the fiscal cliff minimizes it yes or no i definitely agree that it's a complex problem i don't think it simplifies it though i think it adds an element of panic or fear looming. doom and the media loves that yeah i do think there's actually something to worry about or do you think it's something the
decides whether to make drastic spending cuts and raise taxes to reduce the debt or come up with other solutions it's feared an abrupt attempt to shrink the debt could send the economy sinking straight into recession that is resident as in new york to find out what people there think. america is about to go over the fiscal cliff are you worried what should we do about it this week let's talk about that do you know the fiscal cliff. do you think a lot of americans do so then why is the media...
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Dec 8, 2012
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he wants to tackle the corporate tax code and doesn't want to have to be dealing with this next year, obviously, with the business community, they have something at stake, they want more certainty and a lot is riding here and both sides will ultimately find some common areas to agree with. >> hey, jamie. >> jamie: yes? >> doug is correct, if obama wants to get his agenda through, he's going to need those house republicans,'s going to need boehner, he can't push a crammed agenda through when like nancy pelosi was speak of the house. i don't think that president obama or the republicans want us to go over the fiscal cliff. >> jamie: angela, when i have you guys on, i want to learn a little something myself. we have a lot of new members that are going to be seated after the first of the year. so, if they come up with some partial solution, let's say, what's the impact, angela, of us having new members of congress seating into this di decision making process. is it hurtful or beneficial? >> it's always beneficial, i always think that new minds are great to come to the table to give new id
he wants to tackle the corporate tax code and doesn't want to have to be dealing with this next year, obviously, with the business community, they have something at stake, they want more certainty and a lot is riding here and both sides will ultimately find some common areas to agree with. >> hey, jamie. >> jamie: yes? >> doug is correct, if obama wants to get his agenda through, he's going to need those house republicans,'s going to need boehner, he can't push a crammed...
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Dec 8, 2012
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if the tax break goes away as part of the so-called fiscal cliff they could be taxed on the $95,000 as additional income starting in 2013. >> how much homeowners will owe on that amount depends on the tax bracket they are in. on average it would be $20,000 to $25,000. banks have extra incentive to sell short and absorb the loss. under the act that went in this year the nation's biggest lenders get a credit on short sales. foreclosures also sell for $30,000 less than homes sold via short sales. expect short sales to jump more as homeowners look to avoid getting hit with taxes and banks look to avoid getting stuck with properties. if we go over the cliff the tax bill homeowners face with the short sale may be steep enough to walk away instead. that would push foreclosure rates higher in 2013. for smart is the new rich i'm christine romans. >> coming up, a huge legal headache for pop star shakira. she's being slapped with a $100 million lawsuit by her ex-boyfriend and former business partner. does he have a case? our legal guys share their thoughts. americans believe they should be in cha
if the tax break goes away as part of the so-called fiscal cliff they could be taxed on the $95,000 as additional income starting in 2013. >> how much homeowners will owe on that amount depends on the tax bracket they are in. on average it would be $20,000 to $25,000. banks have extra incentive to sell short and absorb the loss. under the act that went in this year the nation's biggest lenders get a credit on short sales. foreclosures also sell for $30,000 less than homes sold via short...
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down in disgrace last year with italy on the brink of financial disaster and since been convicted of tax fraud. well this weekend the world's best figure skaters are testing the olympic ice in russia's resort city of sochi the countdown is in full swing with just over a year left until the winter games. reports now from the next olympic city. there is just over a year until the actual winter olympics get under way but still this toss competitions give us a chance that the construction is almost over and that the city will soon transform into the world capital off the winter games now this weekend is all about pushing the new venue through their paces of course all eyes are right now at this ice berg arena ice rink which is right behind my back it's a new twelve thousand rink which is part of a cluster of ice sports venue suites have been or are still being built along the black sea coast now its brand new sparking doors have just been opened for numerous competitors from around the globe and it seems no matter how they would actually do at the event they will sure go back home pleased wi
down in disgrace last year with italy on the brink of financial disaster and since been convicted of tax fraud. well this weekend the world's best figure skaters are testing the olympic ice in russia's resort city of sochi the countdown is in full swing with just over a year left until the winter games. reports now from the next olympic city. there is just over a year until the actual winter olympics get under way but still this toss competitions give us a chance that the construction is almost...